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Author Topic: Bitcoin or gold?  (Read 982660 times)
fiomcorka
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November 21, 2017, 01:19:36 PM
 #9841

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I do agree with your point that bitcoin and gold, nowadays, have become comparable because of its price point and value. However, I could say that gold would still be the option here because it has been in the market and its value has been proven for many many years. I could say that it is the safer choice, because no one knows how bitcoin will be in the next 10 years or so, as supposed to gold that has proved its value already.
You have your own thinking and I appreciate it. Surely gold is more important and reliable when it comes with safety and security of your investment. Gold is being used as business thing from last many centuries. Things are better on side of gold but don’t you think bitcoin have crossed the race and won? It is better than gold in many attribute and characteristics.
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winterland
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November 21, 2017, 10:07:16 PM
 #9842

Bitcoin or gold ? I will choose both.
Both are volatile in nature bitcoin is more gold is less.
Return on investment is far more in bitcoins.
Transaction charges and time both are less.
Comes in digital format & secured by blockchain. 
Return on investments are less but security is there.
Gold comes in tangible formats, cash convertibility is quiet easy with world wide acceptance.
Can get loan against gold if needed.
Both have risk of getting stolen or lost.
I will invest 60% in bitcoin & 40% in gold.
But bitcoin and gold are both very expensive, for most people buying both is not really an option that is why you will see that most people in the forum are going to choose bitcoin since the earnings we can get through it are way bigger than anything gold can give to us.
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November 21, 2017, 10:25:05 PM
Last edit: November 21, 2017, 10:54:17 PM by guesswhat
 #9843

If you chart BTC and Gold against USD, gold is basically a flat line, and BTC shows exponential growth. It's not difficult to decide which one to pick.
That's correct because gold is stable while bitcoin si volatile but in general the price is going up because it's mooning every time
there is a good news. Investing with bitcoin will never make you bored and you will fall in love with it knowing that you are the early adopters of the system that will be widely accepted and used in the future.
Gold is just good for investment because its price is stable and that is why there is still a lot of investors that is still putting money in gold because of the stability and being a safe haven for their money while bitcoin is only good because of the fast profit and also because of the futuristic system that everyone wants because it means a huge potential for the investment to grow into huge numbers.

Gold is always a conservative method to make investment while bitcoin is a radical method to make an investment. To earn money, bitcoin is better than gold for me.
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November 21, 2017, 11:29:57 PM
 #9844

for now I will choose bitcoin because the price movement is fast, but I do not forget gold because gold has a real form, and one more profitable investment is to have many plots of land
At this moment there is nothing that can compare with the bitcoin in terms of profitability.
It has been increasing this year and almost every month we are seeing a new ATH and that is very important for us investors to grow our money faster.
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November 21, 2017, 11:38:08 PM
 #9845

for now I will choose bitcoin because the price movement is fast, but I do not forget gold because gold has a real form, and one more profitable investment is to have many plots of land
At this moment there is nothing that can compare with the bitcoin in terms of profitability.
It has been increasing this year and almost every month we are seeing a new ATH and that is very important for us investors to grow our money faster.
Bitcoin and gold has different features, in bitcoin price swing to fast increase though gold is expensive. Bitcoin is very volatile price so I prefer bitcoin investment than gold.

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November 22, 2017, 12:51:32 AM
 #9846

If you graph the value of BTC vs. Gold, gold looks like a flat line and BTC looks like a parabola. No Contest.
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November 22, 2017, 12:57:06 AM
 #9847

for now I will choose bitcoin because the price movement is fast, but I do not forget gold because gold has a real form, and one more profitable investment is to have many plots of land
At this moment there is nothing that can compare with the bitcoin in terms of profitability.
It has been increasing this year and almost every month we are seeing a new ATH and that is very important for us investors to grow our money faster.
Bitcoin and gold has different features, in bitcoin price swing to fast increase though gold is expensive. Bitcoin is very volatile price so I prefer bitcoin investment than gold.
so true, for now nothing can match the bitcoin price, maybe the one that can match the bitcoin price today is the big company stocks like apple, microsoft, amd, etc., but it's all hard to get for the little guys like we are, unlike bitcoins that buy it very easily
wysker
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November 22, 2017, 01:28:43 AM
 #9848

Spreading the investments is smart. Never keep all eggs in one basket!
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November 22, 2017, 05:15:19 AM
 #9849

Spreading the investments is smart. Never keep all eggs in one basket!
Gold is good but bitcoin is best. bitcoin is the future of the people while gold will remain at stage today is and likely it will down to some extant. bitcoin is the future money for advance world. bitcoin trade and high rising rate prove his self strongest on in the trade market in short time. it is likely possible that bitcoin will replace the paper money in future.
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November 22, 2017, 06:00:30 AM
 #9850

I think i'll go with bitcoin. Investing in gold is safer than investing in bitcoin considering the fact hat bitcoin is a digital currency and highly volatile with unending fluctuations in value. Despite all these and the risk in investing in bitcoin, i would still go for it since bircoin value, despite the fluctuations, is constantly growing; we just have to be observant with the trends and all. Whereas in gold, your investment is safe in a sense that its not volatile and has less possibility of it to just crash, the profit gained is not as high as what we will eventually gain in bitcoin. Moreover, investing in bitcoin is more convenient that in gold.

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November 22, 2017, 10:49:40 AM
 #9851

Bitcoin and gold is a decent speculation for enhancement since it will help you to get a steady venture since gold is steady while bitcoin is somewhat forceful on its value development which is match of immaculate venture. Bitcoin is your essential venture and gold will turn into the go down for you.

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November 22, 2017, 01:37:33 PM
 #9852

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I think still I will Invest all my money in bitcoin as ii know the potential of bitcoin and how big it can grow.  Bitcoin is a future currency and it will be with everyone in future so we can invest in it now. And this is the most trending question about which is better bitcoin or gold and always my and many other people’s answer is Bitcoin is better. Bitcoin will anyway give more profit than gold in coming 10 years.
nagatraju
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November 22, 2017, 01:47:49 PM
 #9853

Bitcoin and gold have different potential but when it come to investment I give it all to bitcoin because gold is a way of saving money to me and my goal is to earn, not to save
cybergamp
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November 22, 2017, 02:31:12 PM
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 #9854

The gold costs are low, and they will stay low unless the dollar gets hit enormously, and there is no value control to keep costs falsely low. The circumstances amid which gold had been surging were the times of the dollar shortcoming. At the end of the day, it was not gold rising but instead dollar falling. I don't comprehend the importance of your math.
mozillaspez
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November 22, 2017, 02:42:44 PM
 #9855

By the by, 19% of yearly mined gold is expended in modern applications, and the rest goes to gems and protecting riches. Chariots are hand made development, gold is made in stars blasts (so its way more hard to create than BTC) and has an inborn incentive in itself, as the air we breath, the water we drink and the sustenance we eat
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November 23, 2017, 04:28:04 AM
 #9856

Gold truly has been precisely that, a support against calamity or a safeguard to protect riches in dubious financial conditions. The instability showed by Bitcoin is extraordinary when it's on a general upward pattern has it has been for quite a long time, yet everybody overlooks how shocking it was owning Bitcoin at $200 for a year after it was exchanging at $800 and individuals were thinking about whether it could ever observe those highs again.

AyaYotoko
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November 23, 2017, 07:01:43 AM
 #9857

Bitcoins provide users with a unique trading experience. Unlike the American dollar and British pound, bitcoin, also referred to as cryptocurrency, is not regulated by a single central bank. In theory, this means the virtual currency is decentralized, democratized and can be accepted anywhere in the world.

It also means that bitcoins are unregulated, which can open the door to corruption.

So for long term i prefer GOLD!!
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November 23, 2017, 02:23:10 PM
 #9858

Another key advantage bitcoin has over gold is that its supply level is fixed and transparent – eliminating fears of the typical inflationary pressures associated with overproduction that could diminish the value of the asset.
These both are great options for making money but the best thing for making great money now is bitcoin. Bitcoin is the latest trend in the market and we should opt for bitcoin. Bitcoin is making so many people rich in these days and even people are switching from gold to bitcoin. Stop using old methods of making money, gold is highly stable so people are leaving.
tuliobrothers
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November 23, 2017, 02:32:36 PM
 #9859

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I want bitcoin as of now because i want to learn then earn. But i cannot say if it will stay that long.

dalat
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November 23, 2017, 02:37:00 PM
 #9860

In that such a long term of investment, why not both? 50% for Bitcoin and 50% for gold.
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